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Bill > SF129


MN SF129

City of Tamarack resurfacing local roads bond issuance and appropriation


summary

Introduced
01/16/2025
In Committee
01/16/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for resurfacing local roads in the city of Tamarack; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $650,000 in state funding to the city of Tamarack specifically for resurfacing local roads. The money will be obtained through the sale of state bonds, which will be issued by the commissioner of management and budget according to existing state laws and constitutional guidelines governing bond issuance. The bonds will be sold from the state transportation fund's bond proceeds account, and the funds will be granted directly to the city for the purpose of road infrastructure improvement. The legislation becomes effective immediately after it is enacted, authorizing the immediate sale of bonds and transfer of funds. By specifying both the funding amount and the precise purpose, the bill provides a clear, targeted approach to supporting local road maintenance in the city of Tamarack.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 01/16/2025)

bill text


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